prison
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein…
By Luc Cohen NEW YORK (Reuters) -Former cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about $8 billion from customers of the now-bankrupt exchange, was spared prison time by a judge on Wednesday. U.S. District Judge Lewis (JO:) Kaplan announced he…
“Jailbreak: Love on the Run” revolves around Casey White, an inmate who escaped prison in 2022.He broke out of Lauderdale County Jail with the help of corrections officer, Vicky White.The Netflix documentary examines their romantic relationship and details how Casey was caught. Netflix has continued to expand its vast library…
A Russian teen was given 15 years for donating to the Freedom of Russia Legion, local media reported.Danila Yakovlev in Siberia had donated $54 to the organization, a source told Mediazona.He was found guilty of treason and financing terrorism, court records show. A Russian 19-year-old was sentenced to 15 years…
Caroline Ellison, the ex-executive who pleaded guilty to conspiring with disgraced crypto mogul Sam Bankman-Fried, has been sentenced to two years in prison for her role in an $11 billion fraud scheme.US District Judge Lewis Kaplan handed down the sentence in a Manhattan federal courtroom shortly after Ellison delivered a…
A Russian court on Thursday sentenced US-Russian citizen Ksenia Khavana to 12 years in jail for treason.Her crime was donating $51 to a charity supporting Ukraine.According to multiple news reports, the 33-year-old amateur ballerina pleaded guilty in a closed-door trial last week after her arrest in Yekaterinburg, Russia, in February.Khavana…
As he awaits the start of his sentence, Salame is using his remaining weeks of freedom to post non-stop.The former FTX executive has returned to social media and reentered the public discourse, weighing in on politics and crypto policy, and joking about his future in prison.Since his May 28 sentencing,…
Usually, when “chicken hindquarters” is on the dinner menu at San Quentin, it’s good news.”It’s a very popular meal in prison,” Aaron Ramzy, who is incarcerated there, told Business Insider in a phone call from his cell unit Wednesday. “You get one piece of chicken, roasted on the bone.”But last…
Former President Donald Trump was found guilty on Thursday of all 34 criminal counts related to a hush-money payment made to porn star Stormy Daniels. It’s the first time a former president has been convicted of a felony. With sentencing scheduled for July 11, Trump could face prison time. But…
By Deborah BloomSEATTLE (Reuters) -Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. money-laundering laws at the world’s largest cryptocurrency exchange.The sentence was imposed by U.S. District Judge Richard Jones in Seattle, who rejected prosecutors’ request…
